Monthly Copper Market Report Dec 2017

Contents
1. Market Highlights 3
2. Company News 3
2.1 Hongyue Group Beifang Copper puts copper cathode into production 3
2.2 Dongguan Walsin to shut down copper rod production line for maintenance late this week 3
2.3 Baosheng Copper to suspend copper rod production in mid-December 3
2.4 Kunpeng Copper to suspend anode plate production in mid-December 3
3. Chinese Market 3
3.1 Economy and Policy 3
3.2 Market Movements 3
3.2.1 Copper cathode price up continuously 3
3.2.2 Treatment charges for imported copper concentrate stable generally 4
3.2.3 Copper rod production affected by limiting of natural gas 5
3.2.4 Rules tightened further for imported copper scrap business 5
4. International Market 5
4.1 Economy and Policy 5
4.2 Market Movements 5
4.2.1 LME copper price up 5
4.2.2 LME copper stocks slowly increase 6
5 Producers Statistics 6
5.1 China's refined copper output up by about 1.38% MOM in Dec 2017 6
5. Chinese refined copper producers' stocks down by around 5.8% MOM in late December 2017 6
5.3 China's low-oxygen copper rod output down by about 4.1% MOM in December 2017 7
5.4 Chinese low-oxygen copper rod producers' stocks down by around 8.2% MOM in late December 2017 8
6 Customs Statistics 8
6.1 China's copper ore and concentrate imports up by about 29.99% MOM in November 2017 8
6.2 China's refined copper imports up by about 54.34% MOM in November 2017 9
6.3 China's copper scrap imports up by around 7.5% MOM in November 2017 10
7 Related Industry News 12
7.1 Real Estate 12
7.2 Automobile 12
7.3 Natural Gas 12
8 Market Outlook for Next Month 12
9 Appendix 13


Graph Content

Graph1 Spot copper price in Chinese market from Nov to Dec 2017 (RMB/t) 4
Graph 2 Copper premiums in Shanghai from Nov to Dec 2017 (RMB/t) 4
Graph 3 Copper premiums in Guangzhou from Nov to Dec 2017 (RMB/t) 4
Graph 4 Spot copper concentrate price trend in China from Nov to Dec 2017 (RMB/metal ton) 4
Graph 5 3-month copper price trends on LME from Nov to Dec 2017 (USD/t) 5
Graph 6 LME Copper cathode inventory movement from Nov to Dec 2017 (ton) 6
Graph 7 China's refined copper output by month from Jan 2016 to Dec 2017 (kt) 6
Graph 8 China's refined copper output by province from Jan 2016 to Dec 2017 (kt) 6
Graph 9 Chinese refined copper producers' stocks by month from Jan 2016 to Dec 2017 (kt) 6
Graph 10 Chinese refined copper producers' monthly stocks by province from Jan 2016 to Dec 2017 (kt) 7
Graph 11 Chinese low-oxygen copper rod producers' output by month from Jan 2016 to Dec 2017 (kt) 7
Graph 12 Chinese low-oxygen copper rod producers' output by month and province from Jan 2016 to Dec 2017 (kt) 7
Graph 13 Chinese low-oxygen copper rod producers' stocks by month from Jan 2016 to Dec 2017 (kt) 8
Graph 14 Chinese low-oxygen copper rod producers' stocks by month and province from Jan 2016 to Dec 2017 (kt) 8
Graph 15 China's imports of copper ore and concentrate by month from Jan 2016 to Nov 2017 (kt) 8
Graph 16 China's copper concentrate imports by month and major country from Jan 2016 to Nov 2017 (kt) 9
Graph 17 China's refined copper imports by month from Jan 2016 to Nov 2017 (kt) 9
Graph 18 China's refined copper imports by major country from Jan 2016 to Nov 2017 (kt) 10
Graph 19 China's copper scrap imports by month from Jan 2016 to Nov 2017 (kt) 11
Graph 20 China's copper scrap imports by origin country/region from Jan 2016 to Nov 2017 (kt) 11


Table Content
Table 1 China's copper ore and concentrate imports in November 2017 9
Table 2 China's refined copper imports by country in November 2017 10
Table 3 China's copper scrap imports by origin country or region in November 2017 11
Table 4 China's main copper ore importers in November 2017 13
Table 5 China's main refined copper importers in November 2017 14
Table 6 China's main copper scrap importers in November 2017 15


.Asian Metal Copyright1 Real Estate 12 7Asian Metal Copyright